Active

301 E Okeefe ST

EAST PALO ALTO CA, 94303

$5,725,000


$320.21 per sqft

Active

17,879 sqft

Multi-family

Built in 1963

Listed by Compass, Scott Kilpatrick, Listing Contact: 6508680738

Seller Carried Financing Available 35-40% Down, +/- 3.75% Interest Only Fixed for +/- Five Years. Adjacent to Menlo Park, to North and West. This amazing opportunity is tucked into a residential neighborhood just West of Hwy 101 and North of University Ave. This building consists of twenty two units, 16:1x1 and 4: Studio units with 22 parking stalls. All residents have access to free Wi-Fi. There are approved plans for 550 new apartments as well as community center and park just down the street. This will greatly improve the neighborhood. Very few opportunities to purchase on the West side in East Palo Alto. Currently being sold in conjunction with 20 units at 201 E. O'Keefe and 22 units at 245 E. O'Keefe. Total of 62 units, 48, 1x1, 10, 2x1 and 4 Studios, total income = $1,406,308 annually.

ML81968271

MLS ID

June 4, 2024

Listed

October 23, 2024

Updated

Map

301 E Okeefe ST
EAST PALO ALTO CA, 94303

Interior Features

Interior Features

Elevator


Appliances

Washer


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.46 Acres


Sewer

Public Sewer

School Information

School District

Ravenswood City Elementary


High School

Menlo-Atherton High

Other Property Details

Area Name

West of U.S. 101


Association Amenities

Gated


Garage

No


View

No


County

San Mateo


Water Source

Public


Pool

No


Zoning

R

Listed by Compass, Scott Kilpatrick,
Listing Contact: 6508680738 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Suzanne Freeze-Manning shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 6:32 PM UTC, 10/23/2024

 

 

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